What Can You Utilize as Collateral For a Bail Bond?

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You will only come across a bail bond if you want to get someone out of jail but if you cannot afford to pay the whole amount to post bail then what? You can get a bail bond but only if you can pay 10% of the bail amount to the bail bonds agent but the problem is that most of these things happen at such short notice that most people are unable to pay even 10% of the amount.

So if you cannot pay that amount in cash, what do you do? If you do not want the person to rot in jail, you can offer something up as collateral to get the bail bond. Whenever most people think about collateral, they think about their house but that is a grave mistake they make. You need to remember that if the defendant does not show up in court after he has been bailed out of jail then the collateral that you offered would be seized completely by the surety bond company. If you want to avoid being homeless in Macon just because of a fleeing defendant, we would suggest that you use other things as collateral.

Vehicle

It is always a good idea to use a vehicle of yours as collateral if it is equal to the amount of bail. It is an item that can be easily sold and a source of easy cash if the worse happens. If the defendant does not keep his/her word and avoids court then you would only lose your vehicle which is a small thing as compared to a house.

Jewelry

Jewelry is perhaps the most easiest thing to offer as collateral as people consider it to be superficial so if its selling value equals to the bail amount then you can use it.

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A Look at Personal Injury Lawsuits

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If you have recently suffered from some type of damage, or sustained any injury or gone through an accident, then you are probably in pain and want some sort of repercussion, and if the accident or injury was caused by someone else, then you can get justice by filing a personal injury lawsuit against that person, holding them liable for the damage or injury they caused you, and have them pay for damages like your medical bill, any physical damage that might be causes to a belonging and so on.

You can choose to have the lawsuit go through formal proceedings through an actual court, or you can avoid that step and have it settled informally in the form of a settlement. In both cases, you need to have a lawyer to represent you and your case, and for that, you can rely on the lawyers at Costa Ivone to represent you and get you the best possible results.

A formal lawsuit requires you to file a civil complaint against the individual, company or organization that was responsible for causing you injury or damages, and provide the necessary evidence and connections that their acts resulted in causing you harm.

However, most personal injury claims are settled informally through settlements where both the parties have lawyers and insurance representatives present, agree on a certain amount that needs to be paid in damages, and then sign off on an agreement, and then ensure each other that will no longer push the claim any further like to court.

Now the time limit you have before you can file your personal injury claim, also known as the Satute of Limitations, differs from state to state, and also depends on what type of injury was caused, so you need to find this out yourself.

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